ℹ️ April $PROS staking rewards are now claimable.

We both acknowledge and apologize for the lack of recent updates.

Since the delisting from Binance (which we believe to have been unjustified—and which we have tried to better understand but without success) and the turbulent market activity both for PROS specifically and more broadly on a macro level, we have been engaging in a series of strategic discussions and reevaluations with our launch partners, strategic investors, and other stakeholders.

These debates and discussions are very much still ongoing, which is part of the reason why we haven’t been able to provide any meaningful news thus far.

We know that you are hungry for concrete updates—so are we—and we are continuing to work towards the best path forward for Prosper and its community.

Here’s a summary of the latest:

• April staking rewards have now been distributed and are claimable

• Our overall strategy and path forward is being reevaluated given recent events, and productive conversations are ongoing to determine the best go-forward approach

• Our BTC treasury playbook is one of the strategic components that’s under reevaluation—while the discussions are still taking place, we will hold off contributing a portion of the net BTC production to the DAO treasury

At this time, we unfortunately do not have a specific timeline for when the next steps and roadmap will be 100% confirmed. We are making every effort to have clarity for everyone ASAP.

In the meantime, we thoroughly appreciate your patience, support, and continued participation in the protocol. ⛏️⛏️⛏️

More information about the April staking cycle below 👇